Chief Financial Officer Presentation to Airport Consultative - PowerPoint PPT Presentation

Chief Financial Officer Presentation to Airport Consultative Committee March 7, 2017

Total Revenue $36.0 $34.0 $34.5 $32.0 $30.0 $28.0 $29.2 $26.0 $24.0 $22.0 $20.0 $18.0 $16.0 $14.0 $12.0 $10.0 $8.0 $6.0 $4.0 $2.0 $- 2015 2016 V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Revenue 2016 - $34.5 million Non- AIF Aeronautical Aeronautical V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Non-Aeronautical Revenue $14.0 Millions $13.7 $12.0 $12.6 $10.0 $8.0 $6.0 $4.0 $2.0 $- 2015 2016 V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Aeronautical Revenue $8.0 Millions $7.0 $7.1 $6.0 $6.3 $5.0 $4.0 $3.0 $2.0 $1.0 $- 2015 2016 V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Aeronautical Revenue $7.1 million • Landing fees and terminal fees • Landing fee per 1,000 kg of MTOW larger gauge aircraft = more $ • Applies to jets and turbo prop aircraft • Terminal fees = fee per landed seat: - $2.24 domestic - $3.81 transborder & international V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Domestic Turnaround Fees for a 737 By Airport $2,500 2,332 $2,000 1,604 $1,500 1,367 1,286 1,247 1,033 903 $1,000 742 704 $500 $0 QUEBEC WINNIPEG HALIFAX VANCOUVER OTTAWA REGINA SASKATOON VICTORIA KELOWNA CITY V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Airport Improvement Fee $14.0 $13.6 $12.0 $10.0 $10.3 $8.0 $6.0 $4.0 $2.0 $- 2015 2016 V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Operating Expenses $14.0 $13.4 $12.0 $12.1 $10.0 $8.0 $6.0 $4.0 $2.0 $- 2015 2016 V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Amortization $8.0 $7.1 $6.0 $6.5 $4.0 $2.0 $- 2015 2016 V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Rent and Property Taxes $3.0 Millions $2.5 $2.5 $2.0 $2.0 $1.5 $1.0 $0.5 $- 2015 2016 V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Interest on Long-Term Debt $300 Thousands $250 $200 $150 $126 $100 $50 $3,000 $52 $2,750 $- $2,500 2016 2015 $2,250 $2,250 $2,000 $1,750 $1,500 $1,250 $1,000 $750 $500 $450 $250 $- 2015 2016 V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Total Expenses $24.0 Millions $22.0 $23.0 $20.0 $20.7 $18.0 $16.0 $14.0 $12.0 $10.0 $8.0 $6.0 $4.0 $2.0 $- 2015 2016 V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T

Excess of Revenue Over Expenses Reinvested in the Airport $12.0 Millions $11.5 $10.0 $8.0 $8.4 $6.0 $4.0 $2.0 $- 2015 2016 V I C T O T O R I A I N T E R T E R N A T I T I O N A L A I R P O R T